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$1,200,000 Just Listed
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Property Description
Introducing 2805 W 12th St, a prime commercial property located in the heart of Panama City, FL. This meticulously renovated 7,884 SF building, originally built in 1953, offers immense potential for office space, restaurant, event location or an office building investment. Zoned GC-2 (General Commercial - 2 | Bay), this property is ideally situated for business ventures. With a single unit, this versatile space is ready to accommodate a wide range of professional uses. Step into the future of commercial real estate with this exceptional property in the vibrant Panama City area. "¢ New HVAC system "¢ New electrical system, including two new subpanels "¢ New plumbing throughout "¢ Structural repairs and truss reinforcement "¢ New roof system "¢ New insulation "¢ New storefront system "¢ New windows "¢ Restoration and reinforcement of original oak flooring New City Parking lot with 144 parking spaces going in directly behind building.
Full Property Details
Full Property Details for 2805 W 12th St
General
- Price: $1,200,000
- Status: Active
- Type: Office
- Source: Bay_County
- MLS ID: 790967
- Updated: 6/8/2026
- Added to Site: 1 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Property Address: 2805 W 12th Street, Panama City, FL 32401.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Size: .25
Disclosures and Reports
- Legal Description: See deed for legal description.
- Property ID: 29802-010-000
Listed by Five Bridges Real Estate Services Co. LLC
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Schools
Schools serving 2805 W 12th St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Lucille Moore Elementary School 1900 Michigan Avenue, Panama City, FL 32405 | PK-5 | 1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.9 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2805 W 12th St
Date
Details
Price
Change
Source
6/08/2026
Listed
$1,200,000
155.32%
MLS
10/25/2024
Sold
$470,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2805 W 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,856
5%
$117,525
4%
2024
$1,772
9%
$113,271
7%
2023
$1,626
-21%
$105,863
—
2022
$2,054
78%
$105,863
72%
2021
$1,157
17%
$61,417
—
2019
$993
-16%
$61,417
-21%
2018
$1,176
—
$77,684
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2805 W 12th St
2805 W 12th Street, Panama City, FL 32401 (MLS# 790967) is a Office property. 2805 W 12th Street is currently listed for $1,200,000 and was received on June 08, 2026. Want to learn more about 2805 W 12th Street? Do you have questions about finding other Office real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

